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SRP rewards small businesses for saving energy

With the SRP Bring Your Own Thermostat Program™ (BYOT) for business, you can earn bill credits for saving energy while helping to support a reliable grid.

On this page:

    How BYOT works

    As a BYOT participant, your thermostat will automatically adjust a few degrees higher during periods of high-power demand. These periods are called conservation events and usually last no longer than three hours.

    During a conservation event, adjusting your thermostat just a few degrees eases the demand for power during the hottest, busiest times of the day. This supports our grid and helps ensure a reliable supply of power. It also lowers our operating costs, and we pass the savings on to you.


    BYOT program participants have seen up to a 4% reduction in their energy costs during peak demand.


    Does my business qualify for BYOT?

    You can enroll in the program if you meet these qualifications:

     

    You’re an SRP commercial electric customer.
     

    You use your thermostat to control your central air conditioning.
     

    You have an installed, eligible internet-connected thermostat.

    Enroll in BYOT to get paid

    Our BYOT program is designed to reward your business for using less electricity during hours of high demand. The best part is the more you save, the more you earn!

    Here’s how it works:

    Once you enroll in BYOT, you'll receive a $50 SRP bill credit per thermostat (up to 100 devices per account).

    When you participate in a conservation event, you’ll earn a $60 bill credit for every kilowatt you save. This is based on your average performance across all events.

    If you are part of the program from May 1 to Oct. 31 and no dispatches occur, you will receive a $25 rebate per device (up to 100 devices per account).


    Don’t have a smart thermostat? Apply for free* thermostats with SRP rebates.

    Small businesses who join BYOT can get free energy-saving thermostats with SRP’s smart thermostat rebate. Here are a few ways to get started:

     

    Reach out to an approved HVAC Tune-up Network contractorOpen new site. to discuss which thermostat options are available.
     

    Call us at (602) 236-9654.
     

    Email us at [email protected].
    *With enrollment in the BYOT program. Preapproval required. Other restrictions apply. Contact your SEM for full program details.

    FAQ

    Still have questions about BYOT for your business? We’ve got answers.  

    By participating in the program, you're helping SRP utilize new technologies that manage energy demand during "peak hours," which occur when energy usage dramatically increases. The SRP BYOT program helps reduce those peaks and takes some of the strain off the grid during hotter, busier times of the day. This can lower energy costs, with the savings passed on to SRP customers like you.
    Conservation events take place at times when demand for power is highest. During an event, your thermostat will automatically be bumped up a few degrees. In simple terms, this helps give our power grid a break. Your thermostat will return to its normal set point/schedule once the event is over. Conservation events happen May through October (except on holidays) between noon and 9 p.m. Usually, they don't last any longer than three hours, and we'll always give you a heads-up before they happen.
    Yes, you can adjust your thermostat at any time. You can opt out from your thermostat, mobile device or web app at any time.

    Here are some additional FAQsOpen new site. provided by EnergyHub.

    Let’s get in touch

    Want to get started or have more questions about the program? Give us a call at (602) 236-9654 from 8 a.m.–5 p.m., Monday–Friday, and until 7 p.m. on conservation event days. You can also reach out to your Strategic Energy Manager who can be easily identified on your bill.

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